HB Reavis sells Budapest project, plans 130,000 sqm scheme
Investment & finance
schedule 31 March 2016
Agata Kłapeć
The eight-storey property offers 21,000 sqm of office space
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HUNGARY HB Reavis Group has completed the sale of its Váci Corner Offices building in Budapest.
The office property was taken over by a group of investors led by the asset and property management company Zeus Capital Management. The transaction was financed by UniCredit Bank Hungary and supported by CBRE Hungary.“The acquisition of Váci Corner Offices fits perfectly with the investment strategy of our newest investment platform targeting Central East and South East Europe. This is our first transaction in the Budapest market and we are pleased to have acquired one of the prime office bu
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